The U.S. cannabis industry might have finally found a receptive audience in Washington, D.C., to hear its pleas after years of facing debanking incidents nationwide.
The debanking issue rekindled national attention in December on the Joe Rogan podcast with noted venture capitalist Mark Andreessen, who both pushed the theory that conservatives were explicitly targeted.
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President Donald Trump soon followed with charged comments, prompting a viral campaign joined by some prominent marijuana executives, including Flowhub founder Kyle Sherman and Kim Rivers, CEO of Florida-based Trulieve Cannabis Corp.
Rivers, who attended a few inauguration dinners and celebrations after Trump’s election victory, blasted Bank of America on X after the financial giant posted a tweet saying it welcomes conservatives and wouldn’t close accounts for political reasons.
Read full article on Marijuana Business Daily